Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
SA › Wattle Park › Joseph Ave
$905,000
For sale
$905,000
Last sold
20 July 2017
3
Bedrooms
2
Bathrooms
6
Car spaces
929 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$905,000
20 July 2017 · derived via latest_sale
Local land rate: recorded House sales in Wattle Park (last 5 years) with land size have a median of $1,842/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Vs Wattle Park
-38.3%
Median sale
Suburb $1,467,500
+1.39 pp
Gross yield
Suburb 2.24%
Suburb median $1,467,500 from 12 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
$56,688 on top of the price (6.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Wattle Park's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $632/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White BurnsideNestled into the hillside at the prestigious upper eastern end of Wattle Park, capturing breathtaking vistas across the city to the sea through a glass-enclosed family room and the expansive timber decked outdoor areas, 7 Joseph Avenue is a 4-bedroom residence in a league all its own - an innovatively designed 2-storey that will exceed your expectations at every exquisite turn.
Externally, the home's smooth-rendered facade is graced by a multi-angled roofline that houses a 10kW solar array with SMA inverter, rewarding parts of the interior with soaring raked ceilings. Three-phase power adds further practicality and efficiency to this exceptional home. Streetside, 2 separate gated entry points - one with a sliding gate and the other with a swing gate - provide access into a double garage and a single carport, while the backyard combines lush lawn with landscaped gardens and 5-star outdoor entertaining areas that include a sunken firepit with cushioned bench seating and a gazebo with BBQ/fridge and access into a wine room.
Upstairs, social spaces are abundant; as well as a games room, there's a formal lounge/study, a dining area and a massive family living room that frames the epic views through a wall of full-height glass and extends through bi-fold doors into an enclosed alfresco entertaining patio with built-in BBQ facilities. There's a handy servery to the patio from the gourmet indoor kitchen, which features stone-topped benches and all-electric appliances.
Half the bedrooms are located on the upper level, the master with a WIR, ensuite (shower and tub) and front garden outlook, the other with a slider to a balcony blessed with more city vistas. Below, the other beds are separated by a teen retreat, all these spaces opening onto a timber-decked verandah and the gorgeous backyard. Like the ensuite, the second bathroom is full-height tiled, but here the tub takes the form of a big outdoor spa that can be opened to the verandah through more bifold doors.
From this slice of absolute paradise, the amenities that make Adelaide's east side so desirable are all at your fingertips, from prestige private schooling to leafy parks and nature trails, and boutique shopping at Burnside Village/The Parade. If your family deserves the best, you've found it here.
FEATURES WE LOVE
• Showstopping contemporary 2-storey residence boasting epic city/sea vistas
• Floor-to-ceiling windows, raked ceilings, full-height bathroom tiling + 2 outdoor kitchens
• Large glass-enclosed family room adjacent to a dining area & formal lounge/study space
• Versatile games room beside a designer kitchen with stone benchtops, semi-integrated dishwasher, induction cooker & wall ovens
• Bi-fold doors into an enclosed entertaining area with BBQ hub & servery to kitchen
• 2 beds upstairs; master with a WIR & ensuite, the other with a balcony & city views
• Another 2 beds below (both with BIRs), either side of a spacious teen retreat
• The second bathroom has a huge spa bath that can be opened to an expansive back verandah
• Lawned & landscaped backyard with a gazebo (BBQ & adjacent wine room) + a sunken firepit
• Split system AC units to all beds, 10kW solar system with SMA inverter, three-phase power, heaters in the family room & over the spa
• Two separate gated entrances (sliding gate + swing gate) for added convenience and flexibility
• Double garage (with storage room & house access via the laundry) + a single carport
LOCATION
• Sky-high position in prestigious Wattle Park, yet only 15-minutes' drive to town
• Stretch the legs with a wander down to scenic Ferguson Conservation Park
• Sort last-minute needs & fresh bread with a 2-minute run to the local IGA/bakery
• Pair the big stock-ups with a long lunch or a spot of retail therapy at Burnside Village
• Just up the hill from St Peter's Girls' School & a sub-10 drive to Loreto College & Pembroke
• Zoned for Burnside Primary& Norwood International High School
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Burnside RLA 334844
Property Details:
Council | BURNSIDE
Zone | HN - Hills Neighbourhood
House | 461sqm(Approx.)
Land | 929sqm(Approx.)
Built | 1975
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Nick Griguol, Ray White Burnside — reproduced as published, not verified by Districts.